In brief i found it was plenty helpful for me to get started on my RAL journey and previously i posted about my experience in starting my own house in Scottsdale (a 10 bed/10 bath) facility.

Establish Track Record (Small Deals & Personal Equity): Most GP's start by acquiring/developing smaller properties where they alone can fund the equity side of the capital stack (IE - no raise). 

I am definitely green and hoping to find the right team and community to help me get started.  

You could also look to raise capital from family or friends as a good start.

I want to understand my possible options to get started with real estate. 1) Should I buy my first house first?

We want to start looking for another duplex but need advice on what to do.

I would like to have a mortgage payment in the $3500-$5000 range.I am just getting started in real estate investment properties and don't know enough about how other landlords show that the other mortgages are covered by rents and qualify for additional loans?

Where should I start?

I just wanted to know if it’s necessary to start a LLC before my first deal and have a good business structure ?

.- Neighborhood ~ C- but a C- area here doesn't mean too much, smallish town ~ only about 50k peoplePurchase Price: $660,000Appraised Value at Purchase: $730,000Interest Rate: 6.625% - 30 year fixedDown Payment: 10% / $66,000Cost to Make Rent Ready: $14,000P&I - $3803 T&I - $898Total PITI - $4701/moCapEx, Vacancy, Maintenance - $1099/moTotal Monthly Costs - $5800/moCurrent Rents - $3800 (3 units)Fair Rents ~ $5000 but will likely only charge ~ $4500 to start.